Novo Resources – Full Corporate update and answers to your questions
Quinton Hennigh, Novo Resources (TSX.V:NVO & OTCQX:NSRPF) President and Chairman joins me to provide a full update on the Company. We start with the work that can continue in Western Australia on a project by project basis. We then address a lot of your questions that have come in since the last interview.
This is a longer interview but we cover a lot of the pressing information.
Please notes I am shareholder of Novo Resources. If you have any follow up questions you can email me at Fleck@kereport.com.
Click here to visit the Novo website and recap the recent news.
Great review 3/31/20 with QH. I find it interesting with newfound and kalamazoo its novo & sprott,with GBM its only novo. No where is KL, why…the have $$, their Fosterville needs options going forward…life of mine…its in their zone (area)….I sense KL might be setting stage for takeover of novo as a subsiderary and let novo keep Pilbara to develop and take controlling interest if newfound, kal and gbm for production. Ask QH on future w/KL on this story.
A very good interview. Still a lot of questions but I sensed an excitement in Quinton’s voice about recent acquisitions and deals. I get the feeling that Quinton knows he is about to win the Lottery in the Pilbra, and so will his share holders. I am watching the share price and volume of NOVO. Any drop in price is an opportunity to buy. I believe that anyone who takes a position in NOVO will be handsomely rewarded in the near future.
Totally agree with Jim re convenient KL takeover and leave Quinton to go golden in Pilbara. Suggest run two plants at Beaton because of a probable long term consistency of water suppy. ie existing mill on full or reduced volume if acquired and Mineworx HM X-TRACT mobile gold extraction plant $6-8 million cap which recycles the water organic solution to minimize water supply. Just a though as a shareholder in Mineworx MWX.tsx it’s attributes just waiting to explode.
Fantastic interview, much appreciated.